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Cryptocurrency News Articles

Kaito's Token Mindshare (TMT) Top 5: Bitcoin (BTC), Dogecoin (DOGE), Fartcoin (FARTCOIN), Etena (ENA), and Bioprotocol (BIO)

Jan 04, 2025 at 01:25 pm

According to the top gainers on the AI-based Web3 search platform Kaito's Token Mindshare (a metric quantifying the influence of specific tokens in the crypto market)

Kaito's Token Mindshare (TMT) Top 5: Bitcoin (BTC), Dogecoin (DOGE), Fartcoin (FARTCOIN), Etena (ENA), and Bioprotocol (BIO)

Top cryptocurrencies attracting the most attention on the 4th, according to Kaito's Token Mindshare

Bitcoin has taken the top spot. As of today, Bitcoin has surpassed the $98,000 mark for the first time in eight days, raising expectations for reclaiming the $100,000 milestone. The price of Bitcoin appears to be on the rise again as the Bitcoin spot ETF traded in the U.S. switched back to net inflow ($908.1 million) in just one day. Currently, Bitcoin is trading at around $98,000 in the Binance Tether (USDT) market, up 1.4% from the previous day.

Bitcoin, the world's largest cryptocurrency, has shown resilience despite the recent market downturn. After falling below $80,000 on the 26th of last month, Bitcoin began to recover, eventually surpassing the $90,000 mark on the 2nd of this month. Now, with just a few days remaining before the end of the month, Bitcoin is once again approaching the $100,000 level.

Investors are paying close attention to whether Bitcoin will be able to reclaim the $100,000 milestone, especially after failing to sustain the level during the previous bull market. If Bitcoin manages to reclaim $100,000 this time around, it could serve as a strong signal for the continuation of the bull market.

Dogecoin, the leading meme coin, has secured the second position. Dogecoin surged by about 16% as of the 3rd (local time), drawing the attention of investors. It is believed that the sudden purchase of approximately 1.08 billion Dogecoins by crypto whales in a single day led to Dogecoin's sharp rise.

Recently, Dogecoin has been showing strong momentum, surging by over 60% since the beginning of the month. As a result, Dogecoin has now risen to the 10th rank among all cryptocurrencies in terms of market capitalization. With the meme coin continuing to attract attention, investors are keeping a close watch on Dogecoin's next move.

In third place is Fartcoin, a Solana (SOL)-based meme coin. Fartcoin has shown an impressive surge, skyrocketing by about 70% over the past seven days. Notably, it touched $1.6 during today's (4th) session, setting a new record high. Recently, as AI agents have emerged as a new narrative in the crypto market, Fartcoin, which claims to be an AI meme coin, is also gaining attention.

Fartcoin, which was created as a meme coin on the Solana blockchain, is known for emitting farts when transferred. Interestingly, Fartcoin, which was priced at around $0.2 at the beginning of the month, has surged by over 700% in just a few days, reaching a high of $1.6 today.

Etena is also drawing significant attention. Etena Labs, the issuer of the stablecoin 'USDe' and the token 'ENA', unveiled its 2025 roadmap and announced integration with Telegram on the 3rd. ENA was also listed on Grayscale's list of cryptocurrencies to watch this year.

Etena Labs, the issuer of the stablecoin USDe and the token ENA, unveiled its 2025 roadmap on the 3rd. According to the roadmap, Etena Labs plans to integrate Telegram, launch a decentralized exchange (DEX), and expand its ecosystem through NFT and metaverse projects.

In addition, ENA was included in Grayscale's list of cryptocurrencies to watch this year, further boosting interest in the token among investors.

Bioprotocol, a leading project in decentralized science (DeSci), which is gaining attention alongside AI agents, ranked fifth. Bioprotocol conducted a token generation event (TGE) on the Ethereum (ETH) mainnet along with its listing on Binance on the 3rd. This seems to have led many investors to search for Bioprotocol.

Together with its listing on Binance, Bioprotocol, a decentralized science (DeSci) project, conducted a token generation event (TGE) on the Ethereum (ETH) mainnet on the 3rd. Through the TGE, a total of 300 million $GENE tokens (about $30 million) were generated.

Investors are also showing interest in Sui (SUI), Mog Coin (MOG), Solana, and Shiba Inu (SHIB), which have reached new highs.

News source:bloomingbit.io

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